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The Evolving Importance of ESG in Contemporary Business World

Admin October 7, 2024
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In today’s world the aspects of Environmental, Social and Governance have become mandatory and businesses who have their sustainability goals on track are the ones that are future-ready. With a greater social responsibility, every business now needs to have a positive environmental impact for bridging the path to a greener and a better future. This needs the governance parameter to hold strong and through ESG reporting and tracking complete transparency should be exercised. Understanding the urgency of this requirement brought me here.

As a startup we faced challenges

We are a startup and integrating ESG reporting software was an integral part that we were considering. However environmental, social and governance reporting was no easy task and the massive undertaking seemed a bit of a challenge. As mentioned earlier, because we have a small team, we were already addressing a lot of issues and honestly navigating through all the ESG needs at times felt overwhelming. However, we knew that to survive in today’s business landscape ESG was just not an important component but a much essential issue that needed to be addressed.

Importance of ESG

Regardless of size every company that was growing and is still growing has ESG reporting and sustainability goals on their cards. This is the only reason why we opted to partner with ESG professionals. In this field we came across CorpStage and decided to invest in their professional package. This decision has so far been an extremely transformative journey for us as a startup and investing in their ESG professional package is our best decision.

Why if you may want to know then here it is…

From the very starting this company’s offerings stood out because the customised business needs and unlike generic ESG software solution CorpStage always provided a tailor-made solution not only catering to our unique need but also simplified the complicated and overwhelming reporting process. CorpStage truly made a mark in our good books once they disclosed the level of transparency in their tracking method or in their sustainability initiatives. All the accounting and ledger was completely clear and automated allowing us to understand the communication process. Moreover, the solution that they provided us for our ESG reporting fostered not only stakeholder trust but also helped us gain real investors which initially was a huge challenge.

Gaining the first milestone: Our investor

For any startup to gain an investor is a huge milestone and CorpStage genuinely got us into the space. Especially with our level of beginners’ experience, ESG reporting seemed a task that was gradually going beyond our hands. With CorpStage’s package we found a meaningful step to fulfil our sustainability goals.

CorpStage and its solution

One of the primary solutions that was much appreciated in this journey was the simplified reporting framework that our professional package offered us. With a huge array of data collection, the compliance and benchmarking system that CorpStage implemented was outstanding. Also, the professionals helped manage all the steps and monitored our ESG initiatives along with complete end to end tracking. At the end of it all, it was a sheer relief to see that our reports were all accumulated in one place and report generation was a seamless process using an easy-to-use dashboard. There’s no more hassle of using multiple spreadsheets and trying to make various guidelines for our employees. CorpStage has given us not only the solution but also streamlined the workflow for us into a meticulous system.

Other service offered

CorpStage also provided a stakeholder engagement feature which was a real game changer. Allowing us to manage inquiries from partners, customers or investors the platform allowed public and private communities to engage. This helped us progress in the ESG space and explore avenues that helped us to network. With knowledge sharing the platform allowed us to learn other professionals and startups or what their initiatives were to stay at par with comparison analysis and benchmarking. With complete collaboration it helped us generate documents and reports effortlessly.

Our personal experience with CorpStage

Without any exaggeration I can vouch for CorpStage in matters of transparency. As a growing company ‘trust’ is a crucial component and with the tools that this organisation has provided us with its comprehensive ESG reports and the significant amount of interpersonal relationship with their investors that has been enhanced. We also found that with the customised reporting framework the specific needs of our business were taken care of to a definite degree and every time business felt like an easy and a manageable journey.

From complete tracking to monitoring ESG data to sharing documents, initiating collaboration with investors, this platform did everything that they promised in the package that we opted for. I think the basic package was the ESG starter package or something like that which was free. We went for the next package in line and had to pay for the professional package which was pretty affordable and amazing in comparison to the services enlisted. With their cutting-edge- ESG software CorpStage will set your business up for the future. 

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